Uruguayan Suarez, who scored 29 goals in all competitions last season, is desperate to play in the Champions League and insisting Liverpool stand by what he says was a commitment to let him leave if they failed to qualify.

Arsenal have had two offers for the 26-year-old forward turned down and Henry made it clear that any further bids from the North London club, or elsewhere, would be similarly rebuffed.

The American, whose reaction to Arsenal's second bid was to tweet, "What do you think they're smoking over there at Emirates?", said he was "unequivocal" that Suarez would not be leaving.

"We are not going to sell Luis," Henry, who also owns Major League Baseball's Boston Red Sox, told British newspapers.

"For all the top clubs it's extremely important (not to sell to a rival) but especially for Liverpool because we're not in Europe this year and have not been in the Champions League for a while,” he added.

"To sell to a rival for those positions, or one of them, would be ludicrous. Liverpool needs to be playing in Europe. It needs to be playing in the Champions League. That's what Liverpool football club is about," he said.

Henry said offers from clubs outside the Premier League would not be considered because there was too little time before the end of the transfer window on Sept. 2 for manager Brendan Rodgers to replace him.